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Billionaire Mark Cuban Launches Generic Drug Company Cost Plus

25Jan By AdityaNo Comments

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Billionaire Mark Cuban Launches Generic Drug Company Cost Plus

Entrepreneur & Investor Mark Cuban has launched a low cost generic drug company called the Mark Cuban Cost Plus Drug Company. According to the company, its first product which is Albendazole, an antiparasitic drug that currently has a market price of approximately $225 per tablet is going to cost only $20 per tablet in retail price. The Mark Cuban Cost Plus Drug Company will make and distribute the Albendazole drug approximately $13.00 per tablet added with 15% profit margin. So the final cost for a wholesale price to pharmacies, clinics, hospitals, etc will be $15 per tablet. "Our low cost albendazole product allows physicians to affordably treat hookworm outbreaks throughout America that were previously too expensive to treat systemically before.", the company said...

India’s Biggest Online Healthcare Platform Practo Expand Overseas

12Jun By AnkitaNo Comments

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India’s Biggest Online Healthcare Platform Practo Expand Overseas

Digital healthcare platform Practo is intensifying expansion in key markets, including Southeast Asia, Latin America, the Middle East and eastern Europe besides adding 65 new cities in India during 2016. The Bengaluru-based firm claims it manages over 40 million appointments across 35 cities in India and in countries such as Singapore, Indonesia, Philippines, and Brazil. The company is present in over 50 cities in 15 countries around the world. "We plan to expand our footprint from 35 to 100 cities in India, while internationally expanding further across South East Asia, Latin America, Middle East and Eastern Europe," Practo Founder & CEO Shashank ND said. Elaborating on the companys plans, he said "We will expand further into our existing international markets by covering ...

With 95% Growth Monthly, This Startup Helping Retail Pharmacies To Expand Their Business

29Apr By NitishNo Comments

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With 95% Growth Monthly, This Startup Helping Retail Pharmacies To Expand Their Business

With over more than 42% of medicines floating in the Indian market being fake, the counterfeit drug market is growing at an alarming rate. The problems of authenticity and availability have been the weakness in the drug supply chain. CareOnGo, with an aim of creating an online platform of trusted chain of pharmacies offering medical solutions to consumers throughout India, is looking to solve and address these issues and bring more transparency in the market through technology. Being the first e-distributor for retail partners with complete focus to expand their business, CareOnGo is first of its kind with a prime focus on growing the local entrepreneurs – with a vision of solving end consumer’s problem. They help local retailers procure products from manufacturers and stockists on t...

Some Serious Questions Asked From Two Varanasi Boys About Their Startup Dawailelo.com

25Jan By NitishNo Comments

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Some Serious Questions Asked From Two Varanasi Boys About Their Startup Dawailelo.com

How many of you live in metro? And your family lives in tier 2 and tier 3 cities? Who takes care of your family’s health when in need while you are busy in your work? Two youngsters also came across same questions and came up with a solution: Dawailelo. Dawailelo helps the people through their services in tier 2 and tier 3 cities where there is acute need of genuine, affordable and accessible health care services. Hailing from tier 2 city like Varanasi, the two founders Arpit Sarin and Aditya Agrawal wanted to know whether others are facing the same problem and thus they conducted a survey of 2000 residents to understand the roots. They came to know that majorly the old age patients are suffering from one or other chronic diseases and need health care at home, peopl...